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Q3'17 : Huawei : Strong Growth but US and India Remain Weak

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Report Summary:

In Q3 2017, Huawei delivered a solid result with 16% YoY growth in its global handset shipments. Huawei sits firmly in the third position but must not forget that Chinese vendors especially OPPO and Xiaomi are growing strongly and eying international expansion that could propel their sales beyond Huawei’s. In order to maintain its position as the third largest shipper of handsets globally and to potentially threaten Apple, Huawei needs to push harder into the North American and Indian markets that still remain weak spots for it.